Ropes & Gray advised Sycamore Partners in connection to its senior secured financing for the acquisition of Goddard Systems, a leading franchisor of premium early education centers. Terms of the transaction were not disclosed. The transaction was announced on June 30 in a press release.
Goddard Systems is headquartered in King of Prussia, Pennsylvania and is a national leader in the premium early childcare and education market segment. Goddard Systems currently licenses nearly 600 Goddard School franchises that serve more than 80,000 students in 37 states and Washington, D.C.
The Ropes & Gray team that represented Sycamore in connection with the financing was led by private equity partners Jay Kim and Chris Poggi and associate Patrick MacDonald.
Attorneys

Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.